Why Pushd (PUSHD) has been getting all the headlines over declining coins DOGE and MATIC

The post Why Pushd (PUSHD) has been getting all the headlines over declining coins DOGE and MATIC appeared first on Coinpedia Fintech News

Dogecoin (DOGE) and Polygon (MATIC) are down 14% and 19%, respectively, over the past week. In 2024, crypto analysts are expecting these big-cap coins to struggle to recapture previous all-time highs. At the same time, they predict one newcomer to outpace and outgrow both legacy tokens. Learn why experts believe Pushd (PUSHD) will soundly outperform Polygon (MATIC) and Dogecoin (DOGE) in 2024.

Dogecoin (DOGE) Relegated to the $0.08 Mark

Dogecoin (DOGE) has had a rough go thus far in 2024, with the OG meme coin suffering a drawdown last Wednesday. The prices slipped from the $0.09 level, trading back to the low $0.0.79 mark where it remains as of press time. Oddly enough, this contradicts the increasing volume for Dogecoin (DOGE), so what’s causing the stagnation? Based on reports from Whale Alert, it could be Dogecoin (DOGE) whales preparing to sell off their holdings on exchanges, increasing sell pressure from big investors. Heightened sell pressure suppresses price action, keeping it stagnant as is the case with Dogecoin (DOGE).

Polygon (MATIC) Active Users Surge from 250k to 500k

Polygon (MATIC) is the leading Layer-2 scalability solution by market capitalization. According to crypto think tank Artemis, the number of active users on Polygon (MATIC) has risen to over 500,000 in early January 2024, compared to 247,000 back in late November 2023. However, the increased activity on Polygon (MATIC) hasn’t translated to token prices surging. Polygon (MATIC) is dealing with heavy sell pressure with high volumes on exchanges. Nevertheless, Polygon (MATIC) continues to grow its user base, contributing to the ecosystem’s rapid growth. The recent increases in supply held by top wallets indicate a bullish future for Polygon (MATIC) whales.

Pushd (PUSHD) Taking Ecommerce to a New Level with Presale

Pushd has been hogging all the headlines after selling out its stage 1 presale token allocation within five days and attracting over 10,000 presale investors as its token launch enters stage 2. The presale is expected to sell out ahead of schedule thanks to the mindshare it has gained in the crypto world, and its ambition to create a decentralized alternative to marketplaces like Amazon and eBay.

Pushd will be everything Web2 online marketplaces like Amazon and eBay aren’t: the decentralized marketplace features no KYC processes, low transaction fees, minute listing fees, and a superior user experience on Web3. However, one of the key factors driving its successful presale is the fact that the holders will be granted a revenue share on fees generated by the Pushd platform. This revenue-sharing scheme has been one of the major incentives in driving up demand for Pushd (PUSHD).

Join the Future of Ecommerce with the Pushd (PUSHD) Presale

It’s no surprise why crypto observers are predicting big things for Pushd (PUSHD) in 2024: no other presale offers the same vision, mission, and value proposition. With the Bitcoin halving and obligatory bull market just around the corner, Pushd (PUSHD) can easily do a 20x this year. Join the hottest investment opportunity of the year with the (PUSHD) presale today.

Find out more about the Pushd presale at their official website